REX Shares says it will list the first US exchange-traded fund offering spot exposure to XRP this week, trading under the ticker XRPR. “The REX-Osprey™ XRP ETF is coming this week!” the issuer posted on X, adding that the product will be the first US ETF to deliver investors spot exposure, currently the third-largest cryptoasset by market value.

XRP Makes Wall Street History

Unlike the SEC-approved spot bitcoin and ether products—structured as ’33 Act commodity trusts—the REX-Osprey fund is being launched as a ’40 Act open-end ETF. That structure permits an ETF to operate as a registered investment company and can mix exposures, rather than holding only a single commodity in a trust format. The SEC itself emphasizes that spot bitcoin and ether “ETPs” are not ’40 Act ETFs, underscoring

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